The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com
What does China’s move to relax hukou residency curbs mean for the property sector?
- 51 Chinese cities have eligibility restrictions, which accounted for 21 per cent of national new home sales in 2018
- The new policy will effectively relax home buying curbs in 33 cities, according to Nomura
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China property
The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com